| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.97% |
| NAV | ₹13.54 (09 Jul 2020) |
|---|---|
| Fund Started | 26 Mar 2015 |
| Fund Size | ₹561 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.0% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.7% |
| Infosys Ltd. | Technology | Equity | 3.3% |
| ICICI Bank Ltd. | Financial | Equity | 2.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.7% |
| ITC Ltd. | FMCG | Equity | 2.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 1.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.5% |
SBI Dynamic Asset Allocation Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 26 Mar 2015. Dinesh Balachandran, Mohit Jain is the Current Fund Manager of SBI Dynamic Asset Allocation Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹561 Cr and the Latest NAV as of 09 Jul 2020 is ₹13.54.
The SBI Dynamic Asset Allocation Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months for units beyond 8% of the investment.
The objective of the fund will be to provide investors with an opportunity to invest in a portfolio of a mix of equity and equity related securities and fixed income instruments. The allocation between fixed income and equity instruments will be managed dynamically so as to provide investors with long term capital appreciation However, there can be no assurance that the investment objective of the Scheme willbe achieved.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.